Cannasouth valuation sky high, says research firm
The cannabis startup is more expensive than others on the ASX and even more expensive than Xero.
The cannabis startup is more expensive than others on the ASX and even more expensive than Xero.
The initial public offer for Cannasouth is up to three times more expensive than late-stage IPOs and double the value of cannabis companies already on the ASX, analysis from research firm Shareclarity says.
It is also more highly priced than Xero was when the software company floated in
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